ATN 0.00% 0.2¢ ashburton minerals limited

buyers building

  1. 1,140 Posts.

    Hi Guys,

    Looks like ATn has turned, and buyers are now getting set for ATN to release results.

    For the past 2 days, I have noticed that they sellers tried to break the price below 3.3, that didn't work, and now you have buyers buying at 3.5, the buy side has been building.

    I spoke to the company the other day, and they mentioned that their Geologist, who was suppose to look at the results prior to sending them off to the labs, was not on the ground due to delay in kick-starting the drilling. They mentioned that the Geo is back on the ground, with constant drilling, I am sure we'll get better updates.

    Also, I recall that these guys walked away from project yea without much hesitance, clearly they see something in the project to pay the last installment and they feel that there is lots of gold their, question is how much?

    Anyway, I hope they prove up a huge resource,

    Cheers
    Mayo
 
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